The EIU view

Lebanon will struggle with the security, sectarian and economic repercussions of the Syrian civil war and Iran's regional ambitions. There will be continued political instability. Even with the new government finally formed in January, policymaking will be hampered by sectarian tensions and regional rivalries. Economic growth will be modest in 2019-23 with large fiscal and current-account deficits. Security concerns and rivalry will take precedence over economic or political reform.

Government announces new Eurobond issuance
Parliament has voted to allow the government to issue US$4.8bn worth of Eurobonds in 2019, but the sovereign will need to issue sizeable amounts to cover maturing debt.

Government publishes McKinsey report
The report calls for 160 initiatives to revitalise the stagnant economy, but these are contingent on cabinet formation and are likely to join a growing list of unheeded advice.